Is Sweatcoin Legit
Updated January 22, 2021

Sweatcoin Review: Is Sweatcoin Legit or a Scam? How Much Did I Make?

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I’ll admit that I was skeptical that I could actually make money walking with the Sweatcoin app. Surely it must be a scam, right?

Something that pays you to do something as simple as walking can’t be legit, can it?

Is Sweatcoin Legit or a Scam?

Well, good news: Sweatcoin is not a scam.

You will get paid to walk, but you should not have unreasonable expectations.

You will make some money, but it’s not like you will be making hundreds of dollars a day simply by walking.

How Much Have I Made With Sweatcoin?

How much you can make with Sweatcoin depends on how active you are.

Now, I don’t know how active you are.  I don’t know if you’re a marathon runner or someone who barely gets off the couch.

So I can’t tell you how much you’ll make with Sweatcoin, but hopefully you’ll be able to figure that out after you see how I break down how much I’ve made with Sweatcoin.

In 3 Months, I Made About 600 Sweatcoins.

One of my resolutions this year was to walk at least 5,000 steps a day.

This is when I downloaded Sweatcoin to inspire me to reach this goal.

Since the beginning of the year, I’ve actually averaged about 7,500 steps a day.

So as of the time of writing at the end of March, I’ve made 602.66 Sweatcoins and averaging about 7,500 steps a day.

Sweatcoin sounds like a scam but it's completely legit! The app allows you to earn free money out of something you are already doing and it helps you become healthier.

4/5 Rating
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This Is Worth Either $30 or $8, Depending On When I Cash Out.

So how much are my 602.66 Sweatcoins worth?

Well, let’s do some quick math.

There are two ways to convert Sweatcoin into PayPal cash, and each of these ways yields a different value for Sweatcoin.

If I Cash Out Early, Then I’ve Made $8.

So if I wanted to cash my Sweatcoins out relatively quickly, I wait until I have 3,650 sweatcoins saved up, when I could exchange them for $50 cash via PayPal.

If you divide $50 by 3,650 Sweatcoins, this means that each Sweatcoin is worth about $0.0137 each.

If I multiply my 602.66 Sweatcoins by $0.0137, I get $8.26.

So if I’m planing on cashing out my Sweatcoins in the next year, you could say that I made $8.26 from Sweatcoin in a few months.

If I Wait to Cash Out, Then I’ve Made $30.

Have you ever heard the expression, “Good things come to those who wait”?

Well, it’s certainly true when it comes to Sweatcoins, because you can over triple the value of your Sweatcoins if you are willing to wait to cash out.

See, in addition to the 3,650 Sweatcoins for $50 option, there is also the option to exchange 20,000 Sweatcoins for $1,000.

If you divide $1,000 by 20,000 Sweatcoins, this means that each Sweatcoin is worth about $0.05 each.

If I multiply my 602.66 Sweatcoins by $0.05, I get $30.13.

So if I’m planing on waiting a few years to cash out my Sweatcoins — or just become a lot more active than I am today — you could say that I made $30.13 from Sweatcoin in a few months.

So Is Sweatcoin Worth It?

Yes, for me, Sweatcoin is certainly worth it.

I am getting paid to do something — walking — that I would do anyway.

You Really Do Make Money for Walking.

Believe it or not, you do get paid for walking with Sweatcoin.

In my opinion, this makes the Sweatcoin app definitely worth it!

You Also Become Healthier!

I know that Sweatcoin has helped me become healthier.

See, I’m really into personal finance.  Money’s kind of my thing.  I like making money, I like saving money, and I like investing money for passive income.

And my financial goals sometimes get in the way of my health goals.  Lots of the time I would rather spend my time working on this blog or on other ways of making money than on my health by exercising.

But Sweatcoin has helped to inspire me to exercise more because I know that when I’m out walking or running, I am also in some small way making more money.

Logan Allec, CPA

Logan is a practicing CPA, Certified Student Loan Professional, and founder of Money Done Right, which he launched in 2017. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.

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Dj
Dj
2 years ago

Years to cash out? That’s insane for the amount of personal info they collect and battery damage…
If ure at the 1st level it’s over 2 years to get 50$…? !!!
150/mth= 1800 /year!
Even at the 2nd level takes over a year…
Absurd And Not fair…….

So, unless u walk EVERYWHERE, (and I mean miles!) it is NOT worth it to keep and use as an app. Total rip off.

Daniel
Daniel
Reply to  Dj
2 years ago

Total rip off? Are you kidding me? They are giving you something for walking (the health benefits should be intrinsically motivating). It’s up to you how you value your personal data and battery health, but to call it a rip off? That’s a ‘step’ too far.

Grimm reaper
Grimm reaper
Reply to  Daniel
2 years ago

Fuck Daniel
Your head needs to get ripped off

Grim Reaper #1
Grim Reaper #1
Reply to  Grimm reaper
2 years ago

Grim Reaper your head needs to be ripped off you stay on the couch and eat your potato chips

Matt
Matt
Reply to  Daniel
2 years ago

If you need to be paid money in order to not be a fatty, maybe it’s karma that someone is selling your personal data.

Scott
Scott
Reply to  Dj
2 years ago

The thing to I think you are also missing when you are looking at the additional levels and commenting on how little you are earning – they aren’t charging you a cent of money outside of what you have earned through the app. It’s all paid with sweat coins.

I would also add – this app has given my son some motivation to walk and get some exercise. Maybe being motivated by cash is not the best thing, but iits working just the same.

In regards to being a scam because they are getting all your information – what do Google, Facebook or any other social media or search engine give you for all the macro and micro data they collect on you on a daily basis?

Matt
Matt
Reply to  Scott
2 years ago

They don’t give me anything. But then again, I have my privacy setting restricted, so they aren’t gathering any of my personal data.

Pepijn van der Land
Pepijn van der Land
Reply to  Matt
2 years ago

They have your GPS location

Pepijn
Pepijn
Reply to  Matt
2 years ago

They have your GPS location

Mitchell
Mitchell
Reply to  Dj
2 years ago

I’m just gonna day that if I have it running in the background and I forget about it then when I remember it I could have tons because it automatically cashed at 2000 steps. There is no downside to having it, as it has a battery saver option. Please don’t take this the wrong way, I’m not angry.

Mitchell
Mitchell
Reply to  Mitchell
2 years ago

Say*

Barrett
Barrett
Reply to  Mitchell
2 years ago

I’ve done this. I’ve let the app sit for two months without opening it, but when I do it says I “failed to collect data in time” and I didn’t get those days counted. I went hiking last summer. 105 miles in two weeks and it didn’t track a single step even though I was hiking in a national park.

Russell
Russell
Reply to  Mitchell
2 years ago

You do NOT get cash!!! You can only buy from the online products at this time.
And I have had 39,930 steps for the last 2 days and it has not sent any(suppose to send ever 2000 steps automatically) and they take 5% of you sweatcoins as a commission.

Frank
Frank
Reply to  Russell
2 years ago

Why? Its not like the company can use the 5%

Deno
Deno
2 years ago

Sweatcoin is really the one getting paid…and the creator of it is not even walking..I bet! The more apps and info Sweatcoin attains, the richer it gets! So download my app and I will give you a few pennies too! I label it as a scam bc Sweatcoin goal is to get rich by making you believe your walking and getting paid is a concern of theirs!

Calvin
Reply to  Deno
2 years ago

I disagree because it pays you a small amount of money to walk something you usually do anyway.

Matt
Matt
Reply to  Calvin
2 years ago

Sweatcoin is gathering your personal data through your GPS information and selling it to other companies in order to finance it’s own app. It’s a scam. $50 a year is nothing.

Brent
Brent
2 years ago

I retired a couple of years ago, and am a dog walker, walking a couple of neighbour’s dog and my own. Typically I rack up 15,000 steps a day, or 15 sweatcoins a day. Walking dogs 20 days a month = 300 sweatcoins/month. If I go with the 20,000 sweatcoins for $1000 from PayPal, that equals 66.6 months, or 5 1/2 years. A $50 NIKE Gift card requiring 3,650 sweatcoins equals 12.1 months of walking, or one year.

Is it worth it? An extra $50 per year is nothing (about the same I make for walking dogs in a day), but it is free money. The down side is the extra drain on your battery (which doesn’t last for ever) and may require a battery replacement a lot sooner than expected, and can be costly. As I tend to keep a cellphone for many years before upgrading, I’d likely have to replace the battery before replacing the cellphone. If battery replacement costs $100, then that’s the same as walking for 2 years to pay for the repayment.

Although I don’t consider this a scam, I’m not convinced this is worth my time to collect.

Haley paige
2 years ago

How much money do you need to have before you can link it to paypal an spend it

Treshur
Treshur
Reply to  Haley paige
2 years ago

There is no way to cash out your Sweatcoins from my understanding. Of you go to the FAQs you can see the creators say there is no eay to convert sweatcoins to actual money yet, but they are working on it. They only have online offers at the moment.

Nichole
Nichole
2 years ago

The thing I don’t like is I walk over 10000 steps a day at work but the app only counts 2000 of those steps if that.

Barrett
Barrett
Reply to  Nichole
2 years ago

Okay so I had the app for almost a year and only made 120 in app dollars which amounts to about $1.25-$1.30 they false advertise and it’s a scam. They don’t count your indoor steps only the steps you take outside and the app kills your battery faster than it can count your steps.

maoeico
maoeico
Reply to  Nichole
2 years ago

that is because it tracks distance.. from A – C not in the same area as ur wpmork prob are.. If u move in samw area its not gonna count as distance.. sobits more like cheating.. so instead walk from a – c, like wall 2 km… and then back a diff road or same its gonna count cuz of the distance 🙂

Jamie
Jamie
2 years ago

The real question is what are they doing with all of the data they are collecting from each person that they are “paying to walk”. You are giving them access to you gps all the time. Who are they then selling that info too. So they can pay you .001 for every mile!?!???????? I’ll keep my privacy and peace of mind then getting paid $8-30.

Ashley Klassen
Ashley Klassen
Reply to  Jamie
2 years ago

Exactly!

Sherrye
Sherrye
2 years ago

I know it only records outdoors, but why would it vary from morning to night? I go out with my doggy in the morning (daylight) and earn about 2,000 steps. We go out at night when it is cooler and traversing the same route I only get about 800. Does being in the dark or moving a bit slower matter?

Carlos Jose Valles
2 years ago

I did 16.485 steps in a day and I did 9.04 Sweatcoins, if you divide 16.485 over 9.04 that give you 1823.45, that means that 1823.45 is the worth of every single Sweatcoin, that’s the way it is, greetings from Virginia/USA.

Aly
Aly
2 years ago

This is how I see it. Everyone is complaining about how it’s a waste of time, and how it drains your battery but listen to the reality. I downloaded sweatcoin back in February I believe, because a girl I know was telling me about it. I’ve made about 500 sweatcoins and it’s July. So about 4 months. Your phone is always on you or your watch. You don’t have to think about it just use it. It’s free money and it’s accumulating your outdoor steps even when you don’t know it. When you’re walking your dog or when you’re just taking the trash out , all these outdoor steps are being added into your money. If you don’t have a newer phone then put on battery power mode and it will help with the battery from draining. And if you have a smart watch you don’t have to worry about your battery because it’s active on your watch and not your phone. And one last idea if you’re worried about the battery dying so much or it not calculating all your steps, just download a step tracker so that it’s calculating all your outdoor steps and sending it over to sweatcoin. I have an iPhone 8 and have the series 3 watch so when I turned my phone on I already had an activity tracker so i’m not sure if it’s different. I don’t mean any harm just trying to spread a little help. Wish everyone the best

Sumichaya
Sumichaya
Reply to  Aly
2 years ago

Hey help me out here ? I recently downloaded the app and tried it today.. I did a long walk and did open the ap before i started my journey.. I tried tracking my steps while walking and it was working.. However when i close my phone the app stops counting the steps .. Do we have to like on the phone throughout ?? Please tell me how does it works ?

Amarionna
2 years ago

HOW DO I CASH OUT? PLEASE HELP ME!!!

Treshur
Treshur
Reply to  Amarionna
2 years ago

From my understanding there is no way to cash out using the Sweatcoin app. I’ve had it for a couple of months now and have about 200 Sweatcoins, but they don’t have a way to convert to actual money yet. According to the creators that is actually their long time goal, but it is not yet possible. They only have online offers you can exchange your Sweatcoins for.

Cherrie
Cherrie
2 years ago

Because you people DO NOT KNOW HOW TO USE THE APP THATS WHY SERIOUSLY MY DAUGHTER ALREADY CASHED OUT 100.00 yes 100.00 CASH at times you can get money ect like PAYPAL PAY ATTENTION PEOPLE RESEAECH THE WHOLE APP EVERY DETAIL I MEAN EVERY TINY LITTLE DETAIL jeeze put it on 1.000 and you can cash out at 1,000 but it depends what subscriber you are !!!! Quit complaining Free stuff and Money seriously

leah
leah
Reply to  Cherrie
2 years ago

how did she cash it out

Tee
Tee
Reply to  Cherrie
2 years ago

The woman who referred me cashed out $100 too

Phyllis Lewis
Reply to  Cherrie
1 year ago

How do you cash out

Shaun Baird
2 years ago

Just signed up through your link, and to email newsletter.. shaun

Mike
Mike
Reply to  Shaun Baird
1 year ago

They try to get you to buy stuff in their marketplace but it’s just really you trial testing somethong and paying with sweat coins when you could have had a free trial, they even charge you for shipping and fees so unless you do 20000 sweat coins and are a member for 24 months you get nothing if you think u can get the 1000 dollars via PayPal. Basic members are capped a earning just 5 sweat coins a day

Esther
Esther
1 year ago

How many steps equals a sweat coin?

Robert Downey jr.
Robert Downey jr.
Reply to  Esther
1 year ago

1000

D
D
1 year ago

The app sucks you can only buy certain things I have over 3,000 dollars in Sweatcoins and that’s not counting the money they have taken away most of the items ask for card info to charge you and some of the other items you would have to add people just to receive it to me it’s a scam

Larry
Larry
Reply to  D
1 year ago

There’s a new thing out. It’s called punctuation. Try it some time. Oh, and it’s not a scam.

Melissa
Melissa
Reply to  Larry
1 year ago

This app wastes my phone battery more than it’s worth for a few cents a day to walk.

Alexander
Reply to  D
8 months ago

If you dont want your sweatcoins could you send me them

anonym
anonym
1 year ago

How cool they adquire your name and phone and sell you info to 3rd party specially the way you interact. Think about it… you owe to the bank or irs some money… with the phone number they buy the ingo and know where you are ?

Anonymous
Anonymous
Reply to  anonym
8 months ago

Dumbest comment ive ever seen

Ryan
Ryan
1 year ago

So you do or don’t get $1000 when you reach 20,000 steps?? Asking for a friend

N
N
Reply to  Ryan
1 year ago

It’s 20,000 Sweatcoins. One Sweatcoin is 1000 steps, so you’ll get paid $1000 for walking 20 million steps.

Kay
Kay
1 year ago

If you walk 7500 steps per day, can’t you find at least 1 nickel during your walk? Turn the app off and start picking up the lost coins. Bending over one time per day is probably good for you, too, and no one will track you. You can spend your nickel on anything you want – today or in one year. You don’t have to go through paypal with your nickel and no one keeps a commission on your nickel. Your smart phone already tracks your steps if you’re curious. Just use one of the free apps to view your steps.